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Trade surplus reaches US$15.23 billion in seven months

In the period, there are 30 items with export turnover of over $1 billion, accounting for 91.6 per cent of the total export turnover at $194.7 billion. Particularly, five items posted an export turnover of more than $10 billion, accounting for 57.6 per cent.

National CPI up 0.45% in July

The July core inflation increased 0.36 per cent from last month and 4.11 per cent from the same period last year.

First Vietnam int’l logistics expo to take place in HCM City

The Việt Nam International Logistics Exhibition (VILOG) 2023, the first of its kind, will be held in HCM City from August 10-12.

HDBank achieves $231m profit, adopts Basel III norms

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – ticker HDB) has announced its half-yearly results with pre-tax profits of nearly VNĐ 5.5 trillion (US$231.6 million) its 10th straight year of growth.

VIB's profit up 12%, ROE stands at 29% in H1

In Q2 alone, the bank's pre-tax profit hit a record high of nearly VNĐ2.95 trillion.

Outstanding young startup entrepreneurs honoured

Eighty-one young entrepreneurs with outstanding startup results in 2023 were honoured at a ceremony in Hà Nội on Sunday.

Salt industry needs new strategies to develop: experts

Salt producers need to adopt new technologies, diversify products and push promotion to develop sustainably and efficiently, experts said.

Sơn La develops economy from black garlic production

Yên Châu District has about 200 hectares of garlic with an estimated output of 400 tonnes.

Large-scale, hi-tech pig farming is evitable for development: MARD

In the first half of this year, pork production reached 2.32 million tonnes, up 5.4 per cent and the total number of pigs is estimated to have increased by 2.5 per cent over the same period last year.

Cash shifts to stock market amid lower interest rates

The most common rate reduction is 0.2 per cent, while some have made sharp decreases from 0.5 to 0.8 per cent per year, including Saigon-Hanoi Bank, BacABank, Ocean Bank, NamABank, Tiên Phong Bank and SeABank.

VIFTA big push to bilateral trade

With VIFTA, bilateral trade with Israel is expected to rise to $3 billion soon, from $2.6 billion in 2022.

Investigation into bancassurance’s wrongdoings to conclude by end of July: PM

Prime Minister Phạm Minh Chính has ordered the State Bank of Việt Nam (SBV) and the Ministry of Finance to report the findings of an investigation into bancassurance operations by the end of July.

Foreign investment showing signs of recovery

During the reviewed period, foreign investors pumped US$16.24 billion into the country, up 4.5 per cent year-on-year, the FIA said.

Market likely to struggle this week but head towards new highs

Both benchmark indices set another weekly gain last week, of which the VN-Index climbed 1.1 per cent and topped the key level of 1,200 points.

PM asks Samsung to continue viewing Việt Nam as its strategic production, R&D base

Samsung's major projects in Việt Nam are concentrated in Bắc Ninh, Thái Nguyên, and HCM City, with total registered investment capital of nearly US$19.8 billion.

Designer brands to join HCM City “Shopping Season”

Designer brands have joined HCM City’s promotion programme “Shopping Season”, taking place between August 25 and 27.

High-end coastal properties face inventory, liquidity issues

Việt Nam’s luxury coastal real estate market is facing significant challenges due to excess inventory and liquidity issues, industry insiders said.

Bình Định looking for investors for high-tech agricultural zone on shrimp

The project has a total preliminary cost of VNĐ1.17 trillion (US$79.4 million), plus compensation and resettlement support costs of VNĐ277.3 billion, and a total land area of about 218.96 ha.

Banks may brace for impact of property market strain

Việt Nam's property market has been experiencing a downturn for nearly a year, leading to concerns about its impact on banks and the overall economy.

VinFast breaks ground on electric vehicle facility in the US

VinFast's US factory project is the first electric vehicle manufacturing facility in North Carolina, as well as the largest economic development initiative in the state's history.